Multibagger Stocks: 5 stocks that gave more than 100% return in just 3 months
Investing in the stock market can lead to significant returns but also comes with high risk. However, some shares have doubled in value in a matter of months. Here are five stocks that have given more than 100% return in just three months of the financial year 2023-24:
1. White Goods: This company manufactures engineering plastics for the automotive and electrical appliances industry. Its shares have gained more than 108% in the last three months and closed at Rs 164.55 on the BSE-SME today.
2. Peninsula Land: This real estate company’s shares have surged from Rs 11.95 to Rs 24 this financial year, giving investors a return of around 101%. It closed at Rs 24 on the NSE today.
3. Frigoglass India: This company manufactures gas used in refrigerators and refills it. Its shares have given a return of nearly 119% in the last three months. It closed at Rs 519.65 on the NSE today.
4. Datamatics Global Services: This company provides consulting, IT, data management, and business process management services. Its shares have gained nearly 104% this financial year. It closed at Rs 578.30 on the NSE today.
5. Anupam Rasayan: This chemical company’s shares have surged by 111% in the last three months, although it closed at Rs 89.90 on the BSE today, down 4.97%.
Disclaimer: Market investment is subject to risks. Seek expert advice before investing. Moneycontrol does not recommend any investment.
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